Research analysts at Jefferies & Co. lifted their target price on shares of Einstein Noah Restaurant Group (NASDAQ: BAGL) Einstein Noah Restaurant Group traded down 0.07% on Monday, hitting $14.97. Einstein Noah Restaurant Group has a 1-year low of $11.45 and a 1-year high of $18.58. The stock?s 50-day moving average is currently $13.35. The company has a market cap of $255.8 million and a price-to-earnings ratio of 20.24. Einstein Noah Restaurant Group last posted its quarterly earnings results on Thursday, February 28th. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.34 by $0.01. The company had revenue of $110.60 million for the quarter, compared to the consensus estimate of $111.02 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The company?s quarterly revenue was down 3.9% on a year-over-year basis. Analysts expect that Einstein Noah Restaurant Group will post $1.00 EPS for the current fiscal year.
A number of other firms have also recently commented on BAGL. Analysts at TheStreet downgraded shares of Einstein Noah Restaurant Group from a ?buy? rating to a ?hold? rating in a research note to investors on Monday, March 4th. Separately, analysts at Jefferies Group reiterated a ?buy? rating on shares of Einstein Noah Restaurant Group in a research note to investors on Friday, March 1st. They now have a $17.00 price target on the stock, up previously from $16.00. Finally, analysts at Zacks downgraded shares of Einstein Noah Restaurant Group from a ?neutral? rating to an ?underperform? rating in a research note to investors on Tuesday, January 15th. They now have a $11.90 price target on the stock.
Two research analysts have rated the stock with a buy rating, one has given an overweight rating, and three have given a hold rating to the stock. The stock presently has an average rating of ?overweight? and a consensus target price of $17.17.
The company also recently declared a quarterly dividend, which is scheduled for Monday, April 15th. Stockholders of record on Friday, March 1st will be given a dividend of $0.13 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend is Wednesday, February 27th.
Einstein Noah Restaurant Group, Inc. operates under the Einstein Bros. Bagels (Einstein Bros.), Noah’s New York Bagels (Noah’s) and Manhattan Bagel Company (Manhattan Bagel) brands.